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The purpose of this paper is to suggest how the U.S. experience with deregulating its intercity transportation system can identify important considerations for all countries that wish to pursue privatization. Transportation deregulation in the United States gave private railroad, trucking, bus,...
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Policymakers attempt to reduce the growth of congestion by spending billions of dollars annually on our road system. We evaluate this policy by estimating the determinants of congestion costs for motorists, trucking operations, and shipping firms. We find that, on average, one dollar of highway...
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[...]As we documented in a longer version of this paper (Triplettand Bosworth forthcoming), labor productivity growth in theservices industries after 1995 was a broad acceleration, not justconfined to one or two industries, as has sometimes beensupposed. Using the 1977-95 period as the base, we...
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